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Alan Kyerematen reacts to VAT on electricity
Former Trade Minister, Alan Kyerematen has expressed concern on the government's decision to impose a 15 percent Value Added Tax (VAT) on electricity consumption.
Independent...
Electricity VAT: We can’t implement a directive that has bottlenecks – ECG MD
In the wake of disagreements about the government’s decision to impose a new Value Added Tax (VAT) on electricity consumers beyond the lifeline threshold,...
SML contract: Akufo-Addo rejects GRA’s request
President Akufo-Addo has denied the Ghana Revenue Authority’s request to allow for the running of the Strategic Mobilisation Ghana Limited (SML), system that has been installed to...
VAT on electricity: Complete scrapping not the best – Energy expert replies TUC
Energy expert, Kojo Opoku has reacted to government's decision to impose a 15 percent Value Added Tax (VAT) on electricity consumption.
Speaking on Adom FM's...
VAT on electricity: TUC justifies ultimatum to govt
The Trades Union Congress (TUC) has justified the 7-day ultimatum to government over the implementation of the 15% Value Added Tax (VAT) on electricity.
According...
IMF deal: Second tranche of $600m hits BOG’s account
The second tranche of International Monetary Fund (IMF cash has hit the Bank of Ghana’s (BoG) account on Tuesday, January 23, 2024.
The IMF...
World Bank to provide $300m to Ghana
The World Bank on Tuesday approved a $300 million Development Policy Operation for Ghana.
The First Resilient Recovery Development Policy Financing is a critical contribution...
Gabby is definition of ‘a man soaked in power’ – Prof Kobby Mensah
Professor Kobby Mensah has defined New Patriotic Party stalwart, Gabby Otchere-Darko, saying he's a man soaked in power.
The professor has challenged Gabby's assertion that...
TUC gives govt 7-day ultimatum to withdraw VAT on electricity
The Trades Union Congress (TUC) has issued a seven-day ultimatum to the government, demanding the withdrawal of the imposition of Value Added Tax (VAT)...
Gov’t will implement strong and ambitious structural reforms – Finance Minister
The Finance Minister, Ken Ofori-Atta has announced that government will implement strong and ambitious structural reforms aimed at supporting Ghana’s physical consolidation and growth...
We are on course to bring down inflation drastically – Governor
The Governor of the Bank of Ghana, Dr. Ernest Addison, has expressed his outfit’s expectation for inflation to ease further, saying, the Central Bank...
Government’s incessant taxes state-sponsored robbery – Prof Bokpin
Economist and Professor of Finance, Prof Godfred A. Bokpin, has stated that the government's incessant imposition of taxes is a lazy approach to raising...
IMF approves second $600m for immediate disbursement to Ghana
The International Monetary Fund (IMF) has approved the second tranche of US$600 million for Ghana.
This was contained in a statement issued by the IMF...
VAT on electricity consumption: Govt urged to fix ECG revenue leakages
Any attempt by the government to increase electricity tariffs without blocking revenue leakages in power distribution will be an exercise in futility, Policy Lead...
Successful IMF board meeting will lead to disbursement of second tranche to Ghana- John...
Deputy Finance Minister Dr. John Kumah asserts that Ghana's economy has successfully overcome recent challenges, positioning itself for sustainable growth to benefit Ghanaians.
In a...
Ghana has turned the corner; now working towards a more resilient, transformed economy –...
President Akufo-Addo says after a turbulent start to the 2020s, African economies have since 2023, consolidated their recovery and demonstrated resilience and adaptability while navigating...
‘Ghana Beyond Aid’ but begging for debt relief
In a surprising turn of events, Ghana, a country that once championed the vision of "Ghana Beyond Aid," finds itself entangled in a web...
Cocoa Bills Exchange Programme: Customers demand full payment of funds
Some holders of cocoa bills who did not participate in the Government of Ghana Cocoa Bill Exchange programme are asking Ghana Cocoa Board (COCOBOD)...
All presidential aspirants must disclose their sources of funding
Since the start of the fourth republic, corruption has emerged as a significant impediment to our national development, casting a shadow over our journey...
Minerals Commission distances itself from questionable SML contract
The Minerals Commission says it “did not play any role in the award of the contract” to Strategic Mobilisation Ghana Limited (SML), an offshoot of a timber...
Anyaa-Sowutuom MP justifies 15% VAT on electricity consumption, responds to grievances of his constituents
The Member of Parliament for Anyaa-Sowutuom, Dr Adomako Kissi, is supporting the government's decision to impose a 15% VAT on electricity consumption.
In a press...
Ghana’s economic programme beginning to bear fruit – IMF boss
The Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, has stated that Ghana's economic policies under its programme are beginning to yield...
Ghana will reengage international bondholders next week, says Finance Minister
Ghana will reengage with its international bondholders from next week, finance minister Ken Ofori-Atta told Reuters on Monday, as the country seeks to build...
15% VAT on electricity to help govt pay energy sector debts – Agyapa Mercer
The government has outlined the rationale for the imposition of a 15 percent Value Added Tax (VAT) on electricity consumption.
This measure is part...
Akufo-Addo attends World Economic Forum in Davos, Nam conference in Uganda
President Akufo-Addo on Monday, 15 January 2024, left Ghana to attend the 2024 edition of the World Economic Forum Annual Meetings being held from...
I welcome debt treatment agreement between Ghana and OCC – IMF Boss
The Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, has welcomed the debt treatment agreement between Ghana and the Official Creditor Committee,...
I don’t owe you any apology – Ablakwa to GRA
Member of Parliament for North Tongu, Samuel Okudzeto Ablakwa has responded to the Ghana Revenue Authority (GRA) following their demand for an apology regarding...
Ghana gets debt-relief terms, enough to unlock IMF $600m
Ghana has received a draft term sheet on debt relief from its official creditors that is sufficient for the International Monetary Fund to disburse...
Timing for VAT introduction on electricity wrong – Energy expert
Energy expert, Kwadwo Nsafoah Poku has bemoaned government’s timing in introducing Value Added Tax (VAT) on electricity.
His regret follows government's instruction to the Ghana...
IMF ‘optimistic’ Ghana will reach official creditor debt deal soon
The International Monetary Fund (IMF) said on Tuesday it was "optimistic" that Ghana and its official bilateral creditors would reach a debt restructuring deal...
Why I can’t reveal businessman who attempted to bribe NPP MPs – Appiah-Kubi
Asante-Akim-North Member of Parliament (MP), Andy Appiah Kubi, has justified why he cannot reveal the identity of the businessman at the centre of allegations...
OccupyGhana to umask businessman who attempted to bribe MPs
Pressure group, OccupyGhana, has declared its commitment to exposing the identity of the businessman who allegedly attempted to bribe New Patriotic Party (NPP) MPs...
Vitus Azeem describes OSP’s reason for discontinuing MPs bribery case as untenable
Anti-corruption advocate Vitus Azeem has criticized the rationale provided by the Office of the Special Prosecutor (OSP) for discontinuing the investigation into the alleged...
Ken must go saga: OSP ends probe on businessman who tried to bribe NPP...
The Office of the Special Prosecutor (OSP) has concluded its inquiry into allegations of bribery involving New Patriotic Party (NPP) MPs advocating for the...
Ghanaians turned to savings in foreign currency to protect investments – KPMG
A report conducted by KPMG has revealed a high number of shifts in the savings culture of some Ghanaians geared towards saving the value...
Political stories that made headlines in 2023
Ghana’s political landscape was characterized by several events and issues in 2023.
There was a lot of drama in Parliament coupled with tension between various...
I still expect the Finance Minister to resign – Maxwell Lukutor
The National Democratic Congress' parliamentary candidate for South Tongu, Maxwell Lukutor, says he is expecting the Finance Minister, Ken Ofori-Atta to step down from...
Remove all speed ramps on Ghana’s highways and replace them with speed cameras –...
On November 17, 2021, Ghana's Finance Minster, Ken Ofori-Atta, announced removal of all tollbooths from all public roads in Ghana.
This move was praised by...
Fourth Estate is ready to cooperate with OSP – Manasseh Azure
The Founding Editor-In-Chief of the Fourth Estate, Manasseh Azure Awuni, has assured the Office of the Special Prosecutor(OSP) of his preparedness to assist with...
Parliament to vet 3 Supreme Court nominees on Wednesday
Parliament is set to conduct a public hearing vetting for the nominees appointed by the President to fill vacant positions on the Supreme Court...